Market Update & Mortgage Rates Oakville Ontario
Three months into 2017 and we aren’t seeing any kind of slowdown in the Oakville housing market.
Per the Oakville, Milton and District Real Estate Board, total property sales jumped 17% in March 2017 compared to March 2016 with 974 units sold last month.
These solid numbers are a sure indication that the Spring market is here, says the President of the OMDREB. As we move …
Mortgage Rates Oakville
Looking from the outside in it’s easy to assume that mortgage rates are simply driven and adjusted by economic factors. However, there’s a lot more to it than just what the Bank of Canada does.
For starters, there are two types of mortgage rates that people get with a mortgage.
The first is a variable rate, which changes with the prime lending rate that is set by the Bank of …
A recent article from Canadian Mortgage Trends found that 8 in 10 millennials will purchase a home within the next 5 years. Currently, roughly 34% of the Canadian housing market is made up of millennial homeowners.
If you’re interested in entering the housing market and want the best mortgage rates Oakville, we can help.
With home prices climbing at near-record paces, how are these millennials planning to buy?
According to the article, 70% …
Oakville Mortgage – James Loewen
After operating at a torrid pace in 2016, home sales cooled down in the final month of the year.
As qualified Oakville mortgage professionals, the Loewen Group Mortgages team is always looking for ways to help their clients and keep them informed.
Per the Oakville, Milton and District Real Estate Board, all property sales experienced an 8.5% drop in December 2016 from December 2015, going from 414 to …
Mortgage Broker Oakville – Loewen Group Mortgages
Do you recall seeing any “SOLD – Over Asking!” signs on lawns across town last year? You probably do, because sellers getting more than what their original asking price was is something that happened quite often in 2016.
As a mortgage broker Oakville, James Loewen and the team at Loewen Group Mortgages are always keeping a close eye on the Greater Toronto Area and Halton …
Being a mortgage broker in Oakville, James Loewen and the team at Loewen Group Mortgages are committed to providing excellent service to each and every one of their clients.
Providing great service includes offering the most up-to-date, relevant and useful information possible. Therefore, we are consistently tracking the local area’s monthly real estate statistics.
Per the Oakville, Milton and District Real Estate Board, October 2016 experienced a slight drop in property sales …
As a mortgage broker Oakville Ontario, James Loewen and his team are preparing for the new set of mortgage rules that will begin to affect Canadians as early as this year.
The Canadian government has announced some new changes to mortgages that will affect the nation’s homebuyers.
The new changes are designed to ensure that borrowers aren’t taking on mortgages that they can’t afford. This was mainly developed because of the historically …
The Oakville real estate market is directly correlated to the mortgage industry. As one of the leading Oakville mortgage brokers, James and his team at the Loewen Group are committed to providing their clients with the most accurate information available.
In July 2016 we experienced a decrease in sales and an increase in the average sale price in Oakville.
After recording 361 residential home sales in June 2016, sales dropped to just …
10 things to know about your new neighbourhood before you sign on the dotted line
Trying to find a new home can be a daunting task. You’ve found a new home that you LOVE but what about the neighbourhood?
Having your dream home in a neighbourhood that doesn’t suit your lifestyle can cause long term problems and unneeded stress. Are you going to have a longer …
Your Oakville Real Estate Market Update
As a leading mortgage broker in Oakville, Ontario, James makes sure that he is always staying updated with the latest statistics and trends in the Oakville real estate market as well as its surrounding areas. In order to fully satisfy all our Loewen Group clients, he believes that you have to be always be prepared and have as much knowledge about the industry …
© 2015 Loewen Group in association with Serious Monkey. James Loewen Lic. # M0800338, Loewen Group LIC#12268.
